Donald Trump Wallet Reveals he Prefers Ethereum to Bitcoin. Holds 464 ETH

The former U.S. president, Donald Trump, does not hold any Bitcoin but Ethereum tokens. According to data on Arkham Intelligence, Trump holds about 464 ETHs, which are currently worth around $1,700,000.

Apart from ETH, Trump holds other crypto assets, such as the American politician-inspired token Trump, MVP, Conan, BabyTrump, USDC, and others, but no BTC. His total crypto asset holdings exceeded $10 million on Monday but have dropped slightly due to market changes.

Trump’s reasons for not owning Bitcoin remain unknown, as he has not publicly disclosed why he has not added BTC to his crypto portfolio. However, considering his public stance as a self-proclaimed crypto enthusiast, it’s improbable that he is oblivious to Bitcoin’s potential.

Donald Trump Evolved Stance on Crypto

Trump has not always been a crypto enthusiast. At first, he was skeptical of the asset, referring to it as a new form of money that is ‘based on thin air.’ Since Bitcoin was not a physical currency like fiat, Trump believed it had no value.

However, recently, the former U.S. president has taken a bullish stance on crypto as he became the first U.S presidential candidate belonging to a major political party to accept crypto donations.

The American politician revealed on May 21 that eligible donors could donate crypto assets like BTC, ETH, US Dollar Coin, and meme coins to The Trump campaign through a fundraising page.

That same week, Trump declared that America should assert its dominance in the crypto space, taking not the second but first place. Referring to Biden’s opposed stance to crypto,  Trump claimed that his administration will create a favorable environment for crypto to thrive.

While the former U.S. president supports the crypto space, the country’s current leader is quite the opposite.  

In a recent development, Joe Biden banned the Chinese-backed company MineOne Partners Ltd. from a landed property. The land in question was located near Francis E. Warren Air Force Base in Wyoming, and the authority cited national security concerns as the reason for the ban.

Referring to one of its laws passed in 2018 that allowed the CFIUS to scrutinize real estate transactions made near sensitive sites across the US, the authorities ordered the removal of all equipment the company had installed. However, the order did not specify the national security concerns.